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Brooke received an invoice for $5,000 that had payment terms of 4/15 n/30. He made a partial payment of $3,000 during the discount period. a.
Brooke received an invoice for $5,000 that had payment terms of 4/15 n/30. He made a partial payment of $3,000 during the discount period.
a. Calculate the amount credited.
Round to the nearest cent
b. Calculate the balance on the invoice after the partial payment was made.
Round to the nearest cent
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Handbook Of Modeling High Frequency Data In Finance
Authors: Frederi G. Viens, Maria Cristina Mariani, Ionut Florescu
1st Edition
